Minister of Petroleum and Mineral Resources Karim Badawi has met with Nicholas Katcharov, CEO & Chairman of Energean International E&P S.p.A and Energean Egypt's Country Manager, to follow up on the developments in the company’s activities in Egypt related to natural gas exploration and production in a number of regions within the Mediterranean.
The Minister stated that the success of MIDOR as an integrated system and benefiting from all the capabilities available in it makes it an example and model for attracting new investments to the petroleum sector and maximizing Egypt’s competitiveness as a regional energy center.
The tour came within the framework of the Ministry of Petroleum and Mineral Resources’ (MoPMR) strategy for field follow-up and presence among workers at work and production sites
Harbour Energy has released its half-year results for the six months ended 30 June 2024, recording total revenue and other income to $1,916 million, down from $2,016 million in the same period in 2023. This decrease was driven by lower production volumes, partially offset by higher commodity prices.
Prime Minister Mostafa Madbouly has witnessed the sign of a memorandum of understanding (MoU) between Egypt and UAE aiming to benefit from the integrated system at El Fujairah Oil Industry Zone (FOIZ) and to be applied at Al Hamra Petroleum Port on the Mediterranean Coast.
The Iraqi Ambassador to Egypt Qahtan Taha Khalaf has stated that the time is ripe for Egyptian oil companies to boost their role in Iraq, given their valuable experience in executing significant projects.
Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with a delegation from VAALCO Energy company including Thor Pruckl, the Chief Operating Officer, and Iman Hill, the company’s Country Manager of Egypt in addition to Tawfiq Nassif, Executive Vice President of Government Relations, discussing VAALCO’s activities and business plan to increase production in Egypt.
The Minister of Petroleum and Mineral Resources Karim Badawi has met with Mohammed Saeed Al Dhanhani, Director of the Fujairah Emiri Diwan in the United Arab Emirates (UAE), studying how to enhance petroleum cooperation and the available investment opportunities at the countries which achieve common favors.
Gamal Fathy, the Head of the Health, Safety, and Environment (HSE) Committee at the Ministry of Petroleum and Mineral Resources (MoPMR) has announced that the Safety Stand Down was implemented at the 11 geographic areas in Egypt.
